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Tokenized on Robinhood Chain
IBM
International Business Machines Corporation. There are 2,296 of these tokens in existence, worth $529.3k between them. It trades.
Price
$230.57
24 hours
-1.15%
Volume, 24h
$91.0k
Tokens in existence
2,296
7 days
+1.83%
30 days
-3.88%
Range since listing
$217.85 – $3,504.39
What you would actually own
A token, not a share. It tracks the price of International Business Machines Corporationstock, and it is a claim arranged by an issuer rather than an entry on the company's share register: no vote, no direct dividend entitlement, and a counterparty between you and the equity. The supply figure above is the honest measure of how large this actually is — 2,296 tokens is a different order of magnitude from the company's shares outstanding, and conflating the two is the most common mistake made about this market. The longer answer.
